Very well said @Lanleybc.There has been a lot of angst directed...

Very well said @Lanleybc.

There has been a lot of angst directed towards the management of SYA over the last 12 months, much of which has been warranted and the dramatic plunge in the share price (from 23c in Jan 23 to 4.9c today) has added lots of fuel to the fire.

The fact is however, the fundamental basis of our fall from grace, has been the dramatic decline in all sectors associated with servicing the “electrification of the new world”.

Unfortunately, the Lithium market has been a front runner in this trend.

It is the remarkable commercial power that China is able to exert on world trade that is the driving force and like it or not, there is very little any one can do about it in the short term.

It is not the first time and certainly won’t be the last, that it has used its commercial power and influence to “manage” a significant international market or commodity.

There is only one question that we, as investors (not traders), really need to ask ourselves - is the world really going to change from an economy based on fossil fuel to alternate energy sources for power generation?

Also, if we believe that this is the case, what role and how important will storage of electrical energy be?

For most of us that have already invested in the “new/emerging energy market”, we have, in our opinions, already answered the above questions.

So what has changed?

Only timing, that is the difficulty in maintaining a balance in supply and demand in rapidly emerging markets.

This is what enables the likes of China to play their games.

We cannot change what has happened in the last 12 months, but it is again worth reading what @Lanleybc said in his post.

Then, just have a look again at some of the fundamentals of SYA.

- In our last accounts we had Current net assets of around $282M, which included $211m in cash.

- In the current accounts the SYA, the book value, that is the depreciated net asset, is 8c per share. The market is only currently valuing SYA at 60% if this.

- SYA is trading today at 4.9c which gives a market cap of $520 m. This means that the market is valuing all of the other SYA assets, that is it’s

enterprise value, at only $238m !!

These include - 75% of NAL, the largest hard rock lithium source in North America with the only functioning plant successfully producing good quality Spodumene concentrate.

- The Authier, Tasmin, Northern Lithium hub and Lac Albert lithium projects in North America. All high quality tenements.

- Lithium, gold and graphite projects in Western Australia.

The market is trying to tell us that all of these assets are only worth $238m !

Accordingly, in my opinion only, the market is currently presenting us with a remarkable opportunity. Not only to recoup past losses, but reboot our “new energy” investment portfolios, with the potential for significant upside.

Timing is always difficult, but if we are not at the bottom yet, we are surely near it.

Again, all my opinion only, DYOR.